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ID H0154

Bill

Status

Engrossed

3/6/2017

Primary Sponsor

Revenue and Taxation Committee

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Amends Idaho Code Section 63-902 to require annual property tax notices include a detailed list of each voter-approved bond in the taxpayer's taxing districts, displayed on individual lines in clear, easy-to-read format.

  • Each bond line item must show the project name, bond payoff date, levy rate, and the specific dollar amount due by that taxpayer for the calendar year being taxed.

  • Requires bond assessments to be customized to each individual taxpayer based on their actual tax bill and obligation rather than showing uniform amounts.

  • Establishes the short title "Transparency in Bonding Act" to reflect the bill's purpose of providing taxpayers greater visibility into bonded indebtedness costs.

  • Makes technical corrections to existing property tax notice requirements regarding electronic transmission and consecutive numbering of tax notices.

Legislative Description

Amends existing law to require additional information on the property tax notice.

PROPERTY TAXATION

Last Action

Introduced, read first time; referred to: Local Government & Taxation

3/7/2017

Committee Referrals

Local Government and Taxation3/7/2017
Revenue and Taxation2/13/2017

Full Bill Text

No bill text available